Harvey Golub And Kenneth I. Chenault, American Express
It has become a truism of management practice: A CEO faces no more important task than grooming an eventual replacement. Harvey Golub, the chairman and chief executive of American Express Co. (AXP), systematically studied the succession practices of many corporations. But unlike many CEOs, Golub has applied what he learned to good effect. At a time when failed succession plans are roiling Campbell Soup, Xerox, Lucent Technologies, and other well-known companies, AmEx is moving seamlessly from one CEO to another.
To continue reading this article you must be a Bloomberg Professional Service Subscriber.
If you believe that you may have received this message in error please let us know.
- Uber Paid Hackers to Delete Stolen Data on 57 Million People
- Tesla’s Burning Through Nearly Half a Million Dollars Every Hour
- New Uber CEO Keeps Finding Horrors at Every Turn
- Facebook to Show Users Which Russian Propaganda They Followed
- Jamie Dimon Says He'd Bet Donald Trump Doesn't Win Again in 2020